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Stocks in news: DCHL, STI India, SBI, Lanco, R Systems

Deccan Chronicle Holdings | Ansal API | STI India | Apollo Tyres | Union Bank of India | SBI | Lanco Infratech | R Systems | Hero Motocorp and Maruti are stocks, which are in the news today.

December 24, 2012 / 09:13 IST

Here are stocks that are in news today:

Maruti Chairman says: NW18
-To end FY13 with 6% growth
-Do not see double-digit growth next year as well
-Hope to break ground in Gujarat plant by early 2013
-Diesel vehicles segment also stressed
-Aim to commission Manesar plan unit III by September 2013

Hero MotoCorp offers incentives to dealers to push sales in December: Sources
-Company move to pre-empt any slowdown
-Company offers dealers Rs 750/bike to push December sales
-Company to incentivise dealers only if December sales higher (YoY)
-Move to hike sales in December; pre-empt any slowdown

R Systems (CMP 184) 
-Board meets on December 26
-Meet to discuss on open offer given by Bhavook Tripathi for acquisition of 26% stake of company
-Bhavook Tripathi holds 32% stake in company as of September filing

Also Read
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Bull's eye: Short Rel Power, United Spirits; buy Glenmark

Other stocks and sectors that are in news today:
-Lanco puts Udupi plant on the block, company is in talks with Adani Power and JSW Energy: ET
-Reliance Infrastructure raises Rs 504 crore through stake sale in Reliance Power
-Govt has approved fund infusion of Rs 3,004 crore in SBI during the current fiscal: PTI
-Videocon likely to take tax hit of Rs 3800-5100 crore on a potential sale of its 10 percent stake in Mozambique
-Central Bank of India board okays issuance of equity shares on preferential basis to stakeholders
-Union Bank of India board to meet on December 27 to consider capital raising
-Firstsource open offer to launch on January 4, close on January 17
-Apollo Tyres issues 50 lakh warrants to Sacred Heart Investments via preferential allotment at Rs 86.20/warrant (CMP - Rs 87)
-Zee Editor Sudhir Chaudhury files criminal defamation case against JSPL
-India Max Investment ups stake in STI India by 5.09 percent on December 20
-Ansal API plans to build 3 hotels in Panipat, Mohali and Lucknow: BS
-Concast drags Deccan Chronicle (DCHL) to court over default: DNA
-Chandavarkar family plan to sell their 67% stake in FDC Pharma: ET (Market cap Rs 1,640 crore, CMP Rs 88.30)

first published: Dec 24, 2012 08:07 am

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